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Tax Tips columnist Sidney Kess writes: On Dec. 20, 2017, Congress passed a major tax package (H.R. 1) designed to cut taxes on individuals and businesses, and to stimulate the economy and create jobs. The long-term impact on the deficit is unclear; the measure adds to the deficit in the short term but could reduce it in the long term if predictions of economic growth come true.
December 20, 2017 at 03:00 PM
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